Astron Multigrain
December 1, 2025 – December 3, 2025
| Price | ₹63 - ₹63 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 2000 |
| Issue size | ₹18.40 cr |
| Allotment | Dec 4, 2025 |
| Listing | Dec 8, 2025 |
Astron Multigrain Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 4000 | 252000 | 347 |
| HNI | 3 | 6000 | 378000 | 231 |
Astron Multigrain Reservation
| Category | Shares Offered | % |
|---|---|---|
| HNI | 1384000 | 47.4% |
| INDIVIDUAL | 1388000 | 47.53% |
| Market Maker | 148000 | 5.07% |
| Total | 2920000 | 100% |
Astron Multigrain About
IPO Details
| Total Issue Size | 29,20,000 shares (aggregating up to 18.40 Cr) |
| Fresh Issue | 23,40,000 shares (aggregating up to 14.74 Cr) |
| Offer for Sale | 5,80,000 shares of (aggregating up to 3.65 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 62,60,000 shares |
| Share Holding Post Issue | 86,00,000 shares |
| Reserved for Market Maker | 1,48,000 shares (aggregating up to 0.93 Cr) |
Key Performance Indicators
Details will be added soon.Financial Details In crores
| Period Ended | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 21.79 | 17.71 | 14.83 |
| Total Income | 33.92 | 26.51 | 19.5 |
| Profit After Tax | 2.31 | 1.98 | 1.24 |
| EBITDA | 4.06 | 3.11 | 2.61 |
| NET Worth | 10.51 | 8.2 | 3.82 |
| Reserves and Surplus | 4.25 | 1.94 | 1.17 |
| Total Borrowing | 4.28 | 5.02 | 6.7 |
Company Overview
Business: Manufacturer of instant noodles, noodle bhujiya and papad.
Model: Contract Manufacturing – makes noodles for Gokul Snacks Pvt. Ltd. sold under their brand.
Own Brand Manufacturing – sells under its own brand “Astron’s Swagy Noodles” (Mast Masala).
Facility: Gondal, Rajkot (Gujarat) – 5110 MTA capacity, FSSAI licensed.
Market Presence: B2B-focused; sold via super stockists → wholesalers → retailers in Gujarat, MP, Maharashtra & Bihar.
Revenue Mix (FY25):
79.82% from own-brand manufacturing
20.18% from contract manufacturing
Objects of the Issue
Funding capital expenditure for purchase of machinery – ₹4.46 cr
Working capital requirements – ₹5.65 cr
General corporate purposes
Strength
Experienced Promoters & Management: A strong leadership team with industry experience helps the company manage operations efficiently and scale steadily.
Affordable Pricing Strategy: The company’s value-for-money pricing helps it penetrate mass markets and compete effectively in regional noodle segments.
Well-Established Trade Name: “Astron’s Swagy Noodles” and long-standing B2B relationships give the company stable market presence.
Weakness
High Customer Concentration: A large portion of sales comes from a limited set of customers; losing even one can significantly hit revenue.
Dependence on Limited Suppliers: Relying on a small number of suppliers increases vulnerability to supply disruptions and cost fluctuations.
Ongoing Legal Proceedings: Court cases involving the company, promoters, and directors may lead to penalties or liabilities affecting business performance.
Astron Multigrain Lead Manager(s)
Astron Multigrain Address
Plot No. 17 To 21, Near Ram Hotel,
Chordi, Gondal
Rajkot, Gujarat, 360311
Phone: +91 8849506534
Email: cs@astronmultigrain.co.in
Website: http://www.astronmultigrain.co.in/
Astron Multigrain Registrar
Astron Multigrain Reviewers
| Reviewer | Recommendation | File |
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